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Rigetti Computing stock was down 45% at market close while IonQ dropped 39%. Fellow stocks in the sector, D-Wave Quantum ( QBTS ) and Quantum Computing ( QUBT ), plummeted 36% and 43%, respectively.
The S&P hovered over another record close after the index marked its 69th all-time high of the year at the end of yesterday’s trading, along with broader market advances in the final stretch of ...
In December 1999, Semtech bought USAR Systems Inc., a maker of embedded devices for handheld and notebook computers, for $26.7 million in stock. [ 18 ] [ 19 ] In March 2012, it bought Gennum Corporation, a supplier of high-speed analog semiconductors, for approximately CA$500 million ( US$494 million). [ 20 ]
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The firm once traded on the Toronto Stock Exchange (SEM.A and SEM.B). It was renamed Semi-Tech Corporation in 1994 as it diversified into consumer products. The company had bad bonds and millions of dollars of Canadian shareholders were burned. By late 1999, the company had just $600,000 in cash and unpaid debts of $650 million. [4]
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